Why people are holding Bitcoin?

[jak3]

holding Bitcoin is always profitable and not even the warning of 1st August can change this trend. We know Bitcoin is the best long term investment right now. if you promise your friend to invest into some altcoin then that will depend on your luck more than your skills but if you said to invest into Bitcoin then that's actually not just the luck. that is a logical concept. you can probably get a theory on that.

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[Webetcoins]

It is a choice of one when they think the need to hold bitcoin, they do trust bitcoin as an investment even in fall down of price they know that it will rise again.. So if that what a holder think he will hold that as long he sense that the price is profitable to him and if his tolerance and patience is in the last hold..

yes but I think people are holding the bitcoin because they are waiting for the price to get higher before they sell it and some of the people are holding their bitcoin because they knows the price is increasing and the river of the bitcoin price will never stop increasing and it is a kind of collection as well and some want to make invest in it so there could be a lot of such reasons.

[gajebo]

Because the price is so incredible, many people are holding bitcoinnya and predict bitcoin will go to the moon.

[South Park]

Because I tend to look at the big picture. When I first heard about bitcoin, it was about $1. Now it is around $4000, a rise for more than three orders of magnitude in six years. Most of my coins were acquired by mining, almost for free. A dip, say, from $4500 to $4000 is almost nothing for me, because I have all reasons to expect bitcoin rising to a new maximum after.

And even if you did not buy at those prices, bitcoin still offers amazing ROI if you bought at 400, 400 times the price at what you bought, you still got ten times your initial investment so if the price loses a few hundred dollar you do not have a reason to worry at all.

[redsun114]

People are holding their bitcoin besause they predict that someday bitcoin value will increase. And they want to get more benefits when they sell thir bitcoin.

This is an absolute reason but one more reason is that they are lazy. They only want to get money. They don’t think for long term and hold them to sell them and get money. If we think about it we can get more benefit than holding the same coin that we have if we start trading.

Trading will let to increase the number of bitcoin and if you sell more bitcoin after some time then you will definitely get more profit. In short they hold bitcoin to have some profit.

[BUK2016]

People are still holding bitcoin despite the fact that it's market floctuate downward because, bitcoin doesn't only serve as currency but also as a store of value that has a potential increase in time to come. Think about those people who hold their bitcoin from when the market value was $1,500 till date at $4,230 despite the fluctuations in between the period they continue to hold.  Now you can see their profit over the period of their hope in bitcoin.

[lalabotax]

Many people expect a rapid rise in bitcoin in the coming year. So that's why there are so many bitcoins.

[supandi wiharja]

I think everyone knows that now bitcoin prices are soaring, so maybe everyone is holding a strategy and as prices keep rising, they will definitely sell it and certainly for long term investments ..

[Deathwing]

Many people expect a rapid rise in bitcoin in the coming year. So that's why there are so many bitcoins.

Most people don't look at the "coming" or "next" year for an increase, the real enthusiasts mostly HODL their coins for a few years. You can look back at 2009 and see that;
Most of the people who HODL'd their coins are pretty much millionaires right now. So years of wait does pay off.

[coinplus]

Because they know that bitcoin is the future.
They think that bitcoin prices will be very expensive in the future.

At present, the prices of bitcoins are coming down but it is still very expensive asset. You may not afford still buy it fully. Holding on now is actually more important than ever. Now is the right time to stay patient and do not panic in your decisions because no matter what, the prices will rise up again and the next time it will be surely high than now.

[Glorypaasa]

Yup because people want a good and high profit or income they all want that. So people earn their bitcoin for their future money becuase they are waiting for the rght time that the value of bitcoin is very high and they want a high profit .

[tyoA7X]

Yup because people want a good and high profit or income they all want that. So people earn their bitcoin for their future money becuase they are waiting for the rght time that the value of bitcoin is very high and they want a high profit .

of course, its mean bitcoin become investment in the future. because the value of bitcoin growth every time. this time to buy some bitcoin and hold them in the future

[Anrewbit]

the future is for all cryptocurrency not only for bitcoin so people who hold the bitcoin are looking for big the future

[ramsdaj28]

What makes people compel to hold the bitcoin in this critical situation? What are they waiting for? Any good reason?

Bitcoin has already gone through a lot of situations where people are doubting about its value. But in the end, it was able to surpass those situation and still manage to increase its value in the past years. Putting that into perspective, if you sell all your bitcoins today, then there's a high possibility that you'll lose all the possible profit that you may get when the btc value in the future rise up. It's just all about timing.

[rockyboy]

People are holding bitcoin because it's a good investment and most of them are expecting that bitcoin will rise and reach $5000 at the end of this year. What more in the future? It's a good investment and expecting to continue grow.

[Shohanur]

people holding bitcoin for more profit. people buy bitcoin with low price and sell with high price. it is the main causes for holding.

[waynechong1995]

Look how things had changed now, this is anticipating that BTC would always ready to grow a new height anything soon

[DoublerHunter]

People are holding bitcoin because it's a good investment and most of them are expecting that bitcoin will rise and reach $5000 at the end of this year. What more in the future? It's a good investe and expecting to continue grow.

I also hope for this year bitcoin will rise to $ 5000
and the more the year will increase the price increase.

Yes we can see that price will be going to that and right now, the price of bitcoin is seems pumping and we should be ready for takeoff that can happen anytime because the bulls are already awake and they are just waiting for the other bulls to start a really good price rally to the top of the chart.

[ALI AKBAR]

Because of the price of bitcoin is higher with time.people can earn much profit by it.so, people are holding bitcoin.

[oegarod]

People are holding bitcoin because it's a good investment and most of them are expecting that bitcoin will rise and reach $5000 at the end of this year. What more in the future? It's a good investe and expecting to continue grow.

I also hope for this year bitcoin will rise to $ 5000
and the more the year will increase the price increase.

From the beginning of the bitcoin into the world the growth is experienced. This gives the user an trust that the growth continues for a longer time period. Based on this reality people continue to hold bitcoin expecting bigger profits after years.